Glossary Term
Lease renewal is the process of continuing a tenancy after the initial lease term ends. It may involve signing a new lease with updated terms (including rent), extending the current lease, or converting to a month-to-month tenancy depending on the agreement and state law.
In short
Lease renewal is the process of continuing a tenancy after the initial lease term ends. It may involve signing a new lease with updated terms (including rent), extending the current lease, or converting to a month-to-month tenancy depending on the agreement and state law.
Missing renewal deadlines can leave you with an automatic month-to-month tenancy, a rent increase you didn't plan for, or no tenancy at all. Knowing the rules helps you secure the terms you want.
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Not necessarily. It depends on your lease. Some require you to sign a new lease to stay; others convert to month-to-month automatically. If you don't sign and don't leave, you may become a holdover or month-to-month tenant under state law.
State and local law (and sometimes the lease) set the required notice—often 30 or 60 days before the increase takes effect. Rent-controlled areas may have additional rules and caps.
In most places, yes, unless you have rent control or other protections. Landlords generally don't need a reason to non-renew when the term ends, but they cannot refuse for discriminatory or retaliatory reasons.
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